International Biotechnology Trust (LON:IBT) Stock Passes Above Two Hundred Day Moving Average of $654.23

International Biotechnology Trust plc (LON:IBTGet Rating)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 654.23 ($7.91) and traded as high as GBX 680.30 ($8.22). International Biotechnology Trust shares last traded at GBX 669 ($8.08), with a volume of 23,109 shares traded.

International Biotechnology Trust Trading Down 3.3 %

The firm has a market capitalization of ¬£264.38 million and a PE ratio of -6.71. The company’s 50-day moving average price is GBX 680.51 and its 200-day moving average price is GBX 654.62. The company has a debt-to-equity ratio of 16.90, a quick ratio of 0.00 and a current ratio of 0.00.

International Biotechnology Trust Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, August 26th. Stockholders of record on Thursday, August 4th were given a dividend of GBX 15.70 ($0.19) per share. The ex-dividend date was Thursday, August 4th. This represents a dividend yield of 2.27%. International Biotechnology Trust’s dividend payout ratio (DPR) is currently -0.31%.

About International Biotechnology Trust

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International Biotechnology Trust plc specializes in investments in development stage and late stage companies. The majority of the fund's assets are generally invested in smaller and mid-capitalization quoted companies, with a minority in larger capitalization quoted companies. It makes long only investments.

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